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    1561-99 93Rd Ave Merrillville, IN 46410

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1561-99 93Rd Ave

    Property type
    Land
    Property subtype
    Industrial properties

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Merrillville
    County
    Lake
    State
    Indiana
    Longitude
    -87.3164
    Latitude
    41.449

    Comparable in this City

    • Value Estimation by Request
      14.53 Acres

      8200 Grant St

      Land • 14.53 Acres
      8200 Grant St, Merrillville, IN 46410
      View Details
    • Value Estimation by Request
      1.00 Acre

      9901 Connecticut St

      Land • 1.00 Acre
      9901 Connecticut St, Merrillville, IN 46410
      View Details
    • Value Estimation by Request
      2.07 Acres

      8690 Broadway Ave

      Land • 2.07 Acres
      8690 Broadway Ave, Merrillville, IN 46410
      View Details
    • Value Estimation by Request
      62.84 Acres

      7436 Hayes St

      Farms • 62.84 Acres
      7436 Hayes St, Merrillville, IN 46410
      View Details
    • Value Estimation by Request
      21.00 Acres

      7800 Grant St

      Land • 21.00 Acres
      7800 Grant St, Merrillville, IN 46410
      View Details
    • Value Estimation by Request
      9.96 Acres

      400-407 87Th Ave

      Land • 9.96 Acres
      400-407 87Th Ave, Merrillville, IN 46410
      View Details

    Similar Nearby for Sale

    • $1,235,900
      14.53 Acres

      8200 Grant St

      Land • 14.53 Acres
      8200 Grant St, Merrillville, IN 46410
      View Details
    • $400,000
      2.00 Acres

      Merrillville C-3 Zoned Land

      2 Acres, Prime Commercial Location
      8460 Mississippi St, Merrillville, IN 46410
      View Details
    • $4,000,000
      20.70 Acres

      Merrillville Commercial Land - 20 Acres

      Prime C-3 zoned land, ideal for development.
      9100 Connecticut St, Merrillville, IN 46410
      View Details
    • $1,670,000

      Merrillville Residential Land Investment

      Prime Indiana Land, $1.67M Asking
      9100 Connecticut St, Merrillville, IN 46410
      View Details
    • $1,250,000
      9.96 Acres

      Merrillville Commercial Land Portfolio

      Almost 10 acres, prime residential location.
      400-407 87Th Ave, Merrillville, IN 46410
      View Details
    • $250,000
      2.07 Acres

      Broadway Corner Commercial Land

      High-traffic, 2-acre commercial lot
      8690 Broadway Ave, Merrillville, IN 46410
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      1,763 SF

      Merrillville Warehouse with Fenced Lot

      Warehouse with fenced rear lot and easy highway access.
      1402-1454 E 86Th Pl, Merrillville, IN 46410
      View Details
    • $12 SF/Yr
      6,000 SF

      Versatile Flex Space on Highway 30

      6,000 SF office/warehouse suitable for retail or conversion.
      1140 W 81St Ave, Merrillville, IN 46410
      View Details
    • $14 SF/Yr
      8,250 SF

      8,250 SF Flex Space Available

      Flex space with office and warehouse, convenient highway access.
      1563-1573 E 86Th Pl, Merrillville, IN 46410
      View Details
    • Contact for pricing
      144,122 SF

      Southlake Mall Warehouse Space

      Flexible Warehouse Space, Southlake Mall
      1995 Southlake Mall, Merrillville, IN 46410
      View Details
    • Contact for pricing
      263,990 SF

      Industrial Business Park Development

      Class A industrial space for lease or build-to-suit.
      6800 Mississippi St, Merrillville, IN 46410
      View Details
    • $12 SF/Yr
      3,157 SF

      Warehouse Space with I-65 Visibility

      3,157 SF warehouse space with utilities included and I-65 signage.
      8858 Louisiana St, Merrillville, IN 46410
      View Details
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    Merrillville, IN 46410
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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